Payment Specialist
2d ago
  • We are currently recruiting a Payment Specialist to be based in Manchester or Leeds. The newly created Payments team at DWF brings together all the payment functions for client, office (AP / Disbursements / expenses), Claims and Liberate;
  • providing support to the whole firm.

    As a Payment Specialist, you will provide support and analysis of payments for the firm across all Payment Services duties including all outgoing payments (BACS, faster payments, CHAPs, and cheques), payment approvals, queries and mailbox management, key contact for banks, ledger management, month end reporting and a ssist in providing support with any bank reconciliations.

    You will have the opportunity to work within a dedicated finance team where you will be :

  • Managing client and office bank accounts in accordance with Solicitors Accounting Rules (SAR).
  • Preparing and authorising all types (BACS, CHAPS and Faster Payments) of outgoing online electronic bank transfers and assist with cheques to be produced for local and regional offices.
  • Manage all the shared query inboxes ensuring timely and accurate responses are delivered to stakeholders
  • Monitor and ensure accurate recording of all financial transactions
  • Month end reporting on volumes and values of payments, including but not limited to, the FSS Dashboard, negligence register, and the out of process office cash usage.
  • Build and maintain effective relationships with the Cashiering and Accounts Payable teams in particular, but also the wider Finance team and business stakeholders.
  • Assist in the maintenance of the bank account register and Payments DOA for audit purposes.
  • Assist in the compilation, maintenance and review of all bank mandates on a regular basis ensuring all necessary signatories are added / removed promptly.
  • Liaise with banks to ensure all information is accurate and up to date

  • Provide assistance with the reconciliations of all bank accounts to ensure accurate records paying particular attention to the SAR compliance.
  • Attend team meetings at regular intervals and assist in implementing improvements and controls in identified problem areas to enhance relationships and strengthen team performance.
  • Consider all new requested information in line with agreed Data Protection, AML, Fraud, Service Standards, ISO Procedures and SAR requirements
  • We are keen to hear from candidates who share our values of team work and client focus. A similar background in a legal environment would be ideal, with

    Core skills & experience required :

  • Detail oriented approach with significant emphasis on achieving a high quality of work
  • Excellent organisational and time management skills in order to meet targets and deadlines
  • Experience in telegraphic transfers is strongly desired but not essential
  • Previous payments experience is an advantage
  • Ability to work under pressure in a fast paced dynamic environment
  • A commitment to pursuing personal development to ensure the necessary skills and knowledge for the effective performance of the role
  • Strong inter-personal skills
  • A flexible approach to working hours
  • A confident user of Microsoft Excel to intermediary level
  • Proven experience in effective delegation as well as upwards management of tasks
  • Are you a dynamic and passionate individual with experience gained within a busy and fast-paced environment?

    Then we would love to hear from you!!

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